Assignment Task :
Assignment Task 1: Strategic Report
In the context of the above extract, learners should write a strategic report to help save Sears that is on the ropes: it is losing money, it is losing market share, and it seems to have lost its identity. Unless you intervene, the company will have to fold.
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Get Help Now!Your first assignment is to help save the company that is on the ropes:
You will write a formal report and you may use graphics and charts in the report that will be sent ahead of the Board meeting to each member of the Board. The report should include full citations for all references (using the Harvard Referencing System format), to support your claims and approach. The body of the report should be clear, concise, and compelling. The report should be written in Word and should not exceed 4000 words.
Your report should include the following aspects:
- Executive Summary and Introduction.
- Focus on the relationships between strategy, stakeholder expectations, and organizational performance, choosing a theory of strategic management to explain those relationships and expectations. Justify to the Board why you settled on this approach rather than some other one.
- Identify and evaluate the impact of external factors on strategic management in international context, particularly economic, political, and cultural factors.
- Based on the analysis of the environments (internal and external) use relevant tools and formulate a new strategy to face the challenges and meet organizational objectives. Critically evaluate the strategy and justify why this is the best way forward.
- Explain how your business strategy encourages and supports innovation and change, and evaluate your strategy against competing strategies based on its contribution to the success of your organization.
- Develop an implementation plan for the strategy you have developed and document how your plan will fulfill major stakeholder expectations.
- Recommendations and Conclusion
Assignment Task 2: Organizational redesign
For the above strategy how would you restructure the organization which enables it to overcome the challenges and improve innovation, collaboration and coordination? The report should not exceed 2000 words
- Analyse the current organizational structure and evaluate its effectiveness in meeting organizational objectives. Describe the reasons why a restructure is required to enable the new strategy implementation. Include current organization chart and proposed organizational chart. Describe the proposed structural changes and its benefits in detail.
- Identify and assess different leadership styles in developing corporate values, social responsibility and managing strategic change at Sears. Recommend a leadership style that you think would be the most needful for Sears, clearly explaining and justifying your choice.
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